Skip to main content

About your Search

Search Results 0 to 5 of about 6
Dec 6, 2013 3:00pm EST
think it will be a little problem for the economy, unless they can prove that the economy has strengthened enough to handle it. i don't think it's there yet. >> we've had one small preview of this move and it was called this summer. we saw the ten-year move back up to 3%. we know it took some momentum out of the housing market. if i'm the fed and looking at what's happening with housing, with autos, is the evidence strong enough that that did enough damage that the same will happen again? >> i think they're worried about that. i think they're absolutely worried about that, which is why they're not -- why they're not going to taper. especially why not they're going to taper into the end of the year. right? there are two many other issues in front of them. as abigail said, the changing of the fed, debt ceiling in front of us. today there's that rumor we'll come to this budget agreement before washington goes on vacation in two weeks. if that happens, that just opens the way further, i think, for a little morally. >> you sound like you're taking some profits here, abigail. are yo
Dec 5, 2013 3:00pm EST
in this economy? >> it does. you can see the headline number was stronger than many of us had expected. even as far as mcquarry goes as well. a lot of that was an inventory buildup. that's really great for the third quarter. that puts in some head winds for the fourth quarter. mcquarry believes you could have fourth quarter gdp as low as .8%. much lower than consensus. so, i mean, it's good for third quarter. not so good for fourth quarter. that doesn't bode well going into the end of the year. >> sam stovall, we've now that three days, potentially four days of losses to start off the month. extremely rare at least in recent history. i think this is the first time since june 2011 we've seen such a stretch. is that the kind of information people should trade off, though, or is it just statistical noise? >> i think it's noise right now. really it's only four days. the thought is they're doing this in advance of tomorrow's employment data with the worry being that the fed will likely start their tapering program this month rather than wait until march. our expectation has been that they would d
Dec 9, 2013 3:00pm EST
if this fragile economy had any legs. now we're seeing those legs. one thing i was really encouraged by was the slight increase in labor force participation rate. you can see that across a lot of h-cohorts. the only one that went down was initial one 16 to 25. other than that the other cohorts they were rising. that sort of increase lakreescrease legitimizes increase. >> and people retiring who might have stayed in the labor force during the recession. things look like better. they're retiring. the unemployment being where it is may stay down there despite the upward pressure may not be as high as some thought. haum more months before we hit 6.5% on the unemployment rate? >> i have believed for a long time we'll see 6.5% unemployment rate by the fourth quarter. keep in mind, even with today's federal reserve flow of funds data showing another record increase in household network worth. a lot of people that lost money in the financial crisis they got it back and are even ahead of the game and they're feeling more comfortable. this they want to retire they're retire.
Dec 3, 2013 3:00pm EST
the inception. this is 20% of the economy health care. it's not going to happen overnight. for me who's not a health care specialist, i look at three or four things that make it critically important. 3 to 4 million people uninsured, will be insured. the 100 plus people that get preventive care that don't have it and the 125 million plus people that have preconditions that will now have to not worry they won't get insurance. those are the things most important to me that is not someone worrying about the day to day website. not that it's not a problem. >> the day to day function of the website comes back to this question about affordability for health insurance longer term. to get younger healthier people involved, it's got to be easy for them to sign up not as difficult as it is right now. when we start to look at what the premiums will be for the next year and beyond i mean, all -- this becomes very, very poblgd. lgd jfrz >> to get health care lower costs, website has to be ioned out. we need to get the young and vibrant to want to go on the exchange. adds peo
Dec 2, 2013 3:00pm EST
of a complex, global economy. it's just one reason over 70% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information risks, fees and expenses to read and consider carefully before investing. >>> eight >>> eight minutes left in the selling session. we're down 85 now 88 points on the dow. that's the lows of the session right there. pulling back from those all-time highs we had been seeing early last week. joining us to talk about the markets, jeff from raymond james and bob pisani as well. jeff, you're thinking about taxes. you think that's what's going on? people doing tax planning before the end of the year? >> the people i talked to on the retail side are talking about not selling, trying to carry profits into next year. that's what we see on the retail side. my timing models that called for pullback, are calling for a pullback here. they say it's a go ahead time to be cautious. if you get a pullback i think it sets up the fabled santa claus
Dec 4, 2013 3:00pm EST
industry in this u.s. economy? >> well, no, i wouldn't say so because if you look at the housing market today, we just saw that story, i agree. i don't believe those new housing sales numbers. overall, the single family construction market is still completely in a slump. you can blame that completely on the fact that it's very hard to get credit out there in the housing market today. and that's really suppressing what should be a big boost to the overall u.s. economy. so, we're really suffering as a result of this. it isn't helping. >> guys, thank you. >> this is only going to make it worse. >> appreciate your thoughts. have a good convention. >> thank you. >> thanks, guys. we now have a little more than half an hour to go before the close. we're keeping a close eye on markets as we head into the close. >> we're coming bang here. >> about 34 points. more than 1030 points at the low. >> we'll see if we can come back in the last half hour. why did merrill lynch fail back in the crisis, you ask? former president of merrill lynch international is out with a new book with never before reveal
Search Results 0 to 5 of about 6